As a general rule, you are covered by the Finnish statutory and obligatory pension insurance system when working in Finland. You and your employer pay pension contributions. Your employer will automatically withhold your share of the contribution from your wages. You do not have to take any action.
See the pension accrual rates here.
If you simultaneously have another employer in EU/EEA country or in Switzerland, please contact HR Services at the UEF.
Finnish pension system in brief
The statutory pension security in Finland consists of earnings-related pension and residence-based national pension. Earnings-related pension security is financed mainly through employer and employee contributions. National pensions and guarantee pensions are meant for those pensioners who have no earnings-related pension or whose pension is very small.
There is no fixed retirement age in the earnings-related pension scheme. You can apply for an earnings-related pension at any time between the ages of 63-68. Within the national pension scheme, the old-age retirement age is 65 years. The amount of earnings-related pension depends on how long you have been working and what your salary has been.
- Finnish earnings-related pension system
- Työelake - a shared portal of all the Finnish pension insurance companies
- Foreign employees in Finland
- Moving within Europe - which country will pay my old age pension?
- Pension grows from work
- Pension glossary
Pensions for persons working at the UEF
In accordance with Section 11 of the Act on the Implementation of the Universities Act (559/2009), persons in the employ of the universities who were born before the first of January 1980 shall be governed by the State Pensions Act (1259/2006, "VaEL"). Other persons in the employ of the universities shall be governed by the Employees Pensions Act (395/2006, "TyEL"). The Finnish Centre for Pensions (ETK) serves as the joint statutory co-operation body of the earnings-related pension field.
If you are receiving a grant or a scholarship from Finland, the Farmers' Social Insurance Institution (Mela) handles your statutory earnings-related pension and occupational accident insurance.
For more information: